Senate reaches deal to end shutdown, avoid default

Tom Cohen, Ben Brumfield and Greg Botelho
CNN
Oct. 16, 2013

[Breaking news update 12:20 p.m. ET]

Senate leaders announced on Wednesday that they have reached a deal to end the government shutdown and avoid a possible U.S. default.

[Original story moved at 11:45 a.m. ET]

Senate leaders on Wednesday worked out a deal to reopen the government and avoid a potential U.S. default as soon as midnight, sources told CNN’s Dana Bash and Ted Barrett.

Formal announcement of the agreement will come at 12 noon ET on the Senate floor, a Republican Senate aide told Bash.

Read more

***

Senate leaders announce agreement to end shutdown, raise debt

Seth McLaughlin and Stephen Dinan
Washington Times
Oct. 16, 2013

Top senators struck a deal Wednesday to reopen the government and extend the federal government’s borrowing authority into next year and both sides of the Capitol are hoping for quick action to reassure nervous financial markets eyeing a Thursday deadline set by the Treasury Department.

“The compromise we reached will provide our economy with the stability it desperately needs,” Senate Majority Leader Harry Reid said after he and his GOP counterpart, Sen. Mitch McConnell, struck the deal.

For Republicans, the deal was more about getting an embarrassing couple of weeks behind them than in being able to claim victory in a deal that they felt compelled to make.

Read more

***

White House: ‘There are no winners here’

Jennifer Epstein
Politico
Oct. 16, 2013

While Democrats are being cast as the early winners in the deal to end the government shutdown and raise the debt limit, the White House doesn’t see itself as the victor.

“There are no winners here,” press secretary Jay Carney said at his daily briefing Wednesday. “We said that from the beginning, and we’re going to say it right up to the end because it’s true. The American people have paid a price for this.”

Earlier this month, a senior administration official told the Wall Street Journal that “we are winning” with a drawn-out shutdown, but the White House pushed back on that quote in much the same way that Carney did on Wednesday.

Read more

Views: 80

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Less Prone commented on Doc Vega's blog post Was Sabotage or Terrorism used in the Collapse of the Francis Scott Key Bridge?
"Perfect for destroying the supply chain. It could well have been intentional."
1 hour ago
Less Prone favorited Doc Vega's blog post Was Sabotage or Terrorism used in the Collapse of the Francis Scott Key Bridge?
1 hour ago
Doc Vega posted blog posts
3 hours ago
rlionhearted_3 posted photos
6 hours ago
rlionhearted_3 favorited Doc Vega's photo
6 hours ago
tjdavis posted a video

Alabama’s Biggest Secret - Operation Paperclip 🇺🇸

In the north of Alabama is the city of Huntsville. It's here where German scientists built NASA in secrecy after World War II. Operation Paperclip is still s...
9 hours ago
tjdavis posted a photo
11 hours ago
Doc Vega commented on Doc Vega's blog post Americans You’re Being Squeezed Out!
"Cheeki kea always nice to her you chime in and you're damn right! "
yesterday
Doc Vega commented on Doc Vega's blog post Americans You’re Being Squeezed Out!
"Les Prone thanks for your support Dude! "
yesterday
Doc Vega posted a photo

The inconvenient truth

Trump spells it out!
yesterday
Sandy posted a photo
yesterday
Less Prone favorited Doc Vega's blog post What Made the Founding Fathers of America so Brilliant?
Tuesday
Less Prone commented on Doc Vega's blog post Why didn't the Archeological World Announce Proof that Jesus Lived?
"Motives of Joe, to shit in the well by showing totally irrelevant proof?"
Tuesday
Doc Vega commented on Doc Vega's blog post Why didn't the Archeological World Announce Proof that Jesus Lived?
"Less, Motives of Wyatt or Joe? What archeologist wouldn't want proof of Jesus as part of his…"
Tuesday
Doc Vega commented on Doc Vega's blog post Why didn't the Archeological World Announce Proof that Jesus Lived?
"Less Prone, Considering Joe Rogan to be the gatekeeper of anything is just short of ridiculous the…"
Tuesday
Doc Vega posted a blog post
Tuesday
MAC posted a video

Don't Go To Hong Kong Now (Even on Connecting Flights)

Secure your privacy with Surfshark! Enter coupon code laowhy86 for an extra 3 months free at https://Surfshark.deals/laowhy86Article 23 in Hong Kong is real,...
Tuesday
cheeki kea commented on cheeki kea's video
Thumbnail

Terrorist Attack on Moscow - Ukraine Committing Suicide? | Larry C. Johnson

"...And I guess I'll just park this you tube here also for something to ponder from last year.…"
Tuesday
tjdavis posted photos
Tuesday
Less Prone posted a video

Climate: The Movie (The Cold Truth) NL

Deze nieuwe documentaire van de Britse filmmaker Martin Durkin toont aan dat klimaatalarm een verzonnen doembeeld is zonder enige wetenschappelijke basis. He...
Monday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted